Core Insights - A new company, Chongzuo Qinglong Pipe Industry Co., Ltd., has been established with a registered capital of 60 million yuan [1] - The company's business scope includes black metal casting, irrigation services, water-related consulting services, and metal material sales [1] - Qinglong Pipe Industry (002457) holds 100% ownership of the newly established company [1]

Group 1 - Hefei Qingneng Machinery Manufacturing Co., Ltd. has been established with a registered capital of 1 million RMB [1] - The legal representative of the company is Wang Qing [1] - The business scope includes various activities such as black metal casting, casting machinery manufacturing, mold manufacturing and sales, non-ferrous metal processing, and sales of metal materials and hardware products [1] Group 2 - The company is involved in the manufacturing of metallurgical special equipment and mechanical equipment sales [1] - It also engages in the processing and sales of mechanical parts and components [1] - The company operates under general project categories, allowing it to conduct various legal business activities [1]

Core Viewpoint - Shenyang Machine Tool (000410) plans to increase its investment in its wholly-owned subsidiary, Shenyang Machine Tool Yinfeng Casting Co., Ltd., by 250 million yuan to enhance its sustainable development capabilities and achieve high-quality growth [1] Group 1: Investment Details - The capital increase of 250 million yuan does not constitute a related party transaction and does not involve major asset restructuring, falling within the board's authority without the need for shareholder approval [1] - After the capital increase, Yinfeng Casting will remain a wholly-owned subsidiary of Shenyang Machine Tool, with no adverse impact on the company's financial status and operating results for the current year [1] Group 2: Subsidiary Performance - In the fiscal year 2023, Yinfeng Casting reported an operating income of 463 million yuan and a net loss of 62.9383 million yuan [1]